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With Economy on an Upturn, India Needs to Unlock Investments to Accelerate Growth, says World Bank

-The World Bank A World Bank study shows creating productive assets can help make MGNREGS cost effective New Delhi– The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the...

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Untie the farmer -Ashutosh Varshney

-The Indian Express The debate on the land acquisition bill and the tragic suicide of a farmer in Delhi compel us to reflect on a theme of enduring significance: the role of agriculture and farmers in development. What has the historical experience all over the world been? How is India’s agrarian narrative different — or identical? What can India learn from international experience? Many years ago, I wrote a book, Democracy, Development...

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Khadi Production in India: A Way Forward to Green Economy? -Sumanas Koulagi

-Economic and Political Weekly Unlimited growth for prosperity in a fi nite planet is not possible. Ecological economists like Tim Jackson, Peter Victor, and others talk about prosperity without growth and highlight the need for greening the economy on a community scale. Using the "criteria of green economy enterprise" set by Jackson and Victor as a tool, this article looks at khadi production, India's community-level cloth production system. Sumanas Koulagi (k.sumanas@yahoo.in) is...

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CAG rips into famed Gujarat growth model

-The Times of India GANDHINAGAR: The Comptroller & Auditor General (CAG) of India report tabled in the state assembly on Tuesday raised several question marks on the much-famed Gujarat Model. The report tore apart the tall claims of the state government led by former chief minister Narendra Modi on agricultural growth, social indicators and spent on social infrastructure, fiscal discipline, right to education, and law and order situation. The report observed that Gujarat's...

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Lead from the Centre -Ashok Gulati

-The Indian Express Indian farmers are under stress this year. Earlier, many of them lost their crops in the kharif season, which was almost a drought with monsoon rains falling 12 per cent below their long-period average. Now unseasonal rains have impacted them adversely in the rabi season. Agri-GDP growth this year, expected to be a meagre 1.1 per cent before the unseasonal rains, may fall flat to just zero, if...

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